The mother of my college roommate used to make these and mail them to us from West Tennessee! Three ingredients-no baking!
2 c peanut butter (creamy or crunchy)
1 c sweetened condensed milk (translation: "sugar-high-in-a-can")
1 bag semi-sweet morsels
Mix peanut butter and sweetened condensed milk until well blended. Stir in morsels until evenly distributed. Roll into small balls and let set on wax paper for an hour. They will firm up.